https://www.taxtmi.com/caselaws?id=89656 Imported used photocopier parts had to be valued on the basis of the actual goods imported, not by treating them as a complete photocopier and applying depreciation; absent evidence of undervaluation, the invoice value could not be displaced. The goods were also treated as components covered by the Special Import Licence because policy treated components as parts of a sub-assembly or assembly, and items necessary for assembly did not fall outside licence coverage merely because they formed part of a larger set. en-us Tue, 01 Dec 1998 00:00:00 +0530 Wed, 28 Sep 2011 17:04:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=89656 Imported used photocopier parts had to be valued on the basis of the actual goods imported, not by treating them as a complete photocopier and applying depreciation; absent evidence of undervaluation, the invoice value could not be displaced. The goods were also treated as components covered by the Special Import Licence because policy treated components as parts of a sub-assembly or assembly, and items necessary for assembly did not fall outside licence coverage merely because they formed part of a larger set. Case-Laws Customs Tue, 01 Dec 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=89656